Tensions between traditional finance and the crypto sector intensified this week as Gemini co-founder Tyler Winklevoss accused JPMorgan of halting its onboarding process for the exchange after criticism over the bank’s new data access fees. The move sheds light on the growing friction between fintech platforms and legacy financial institutions. JPMorgan’s New Fintech Data Policy Under Scrutiny JPMorgan Chase recently announced it would begin charging fees to third-party fintechs for access to customer banking data. The new structure targets platforms that rely on APIs to link user bank accounts with services like crypto trading, budgeting apps, or neobanks. According to…
Author: Blockto Team
While Japan is often seen as a tech-savvy nation, its crypto industry is struggling to compete globally—not due to taxes, but due to its sluggish regulatory system. Regulatory Bottlenecks Drive Crypto Startups Offshore According to industry insiders, Japan’s slow and risk-averse approval process is the biggest obstacle holding back Web3 innovation. Maksym Sakharov, CEO of decentralized bank WeFi, believes that even the proposed 20% flat tax on crypto gains won’t fix the real issue. “The 55% tax is painful, but the approval culture—not taxation—is pushing liquidity abroad,” he explained. Japan requires a two-step token listing process, starting with the Japan…
Amid rising economic uncertainty, Robert Kiyosaki, the renowned financial educator and author of Rich Dad Poor Dad, has once again highlighted Bitcoin, gold, and silver as the most reliable wealth preservation assets. Bitcoin as a Hedge Against Inflation and Fiat Devaluation Kiyosaki has long expressed concern about central bank policies, inflation, and excessive money printing. According to his latest insights, Bitcoin acts as “digital gold,” offering a hedge against fiat currency debasement. “When governments print trillions, the value of paper money drops. Real assets—especially Bitcoin—protect purchasing power.” Bitcoin’s limited supply of 21 million coins and decentralized nature have made it…
Ethereum ETFs are on a tear, registering their 16th straight day of inflows on Friday with a staggering $452.72 million in net new investments, according to data from SoSoValue. BlackRock’s ETHA Dominates with $440M Inflow BlackRock’s iShares Ethereum Trust (ETHA) led the charge again, pulling in $440.1 million, lifting its total assets to $10.69 billion, now the largest among U.S. Ethereum ETF products. Bitwise’s ETHW followed with $9.95 million, and Fidelity’s FETH added $7.3 million. However, Grayscale’s ETHE continues to bleed, recording a $23.49 million outflow Friday, pushing its cumulative net loss to $4.29 billion since launch. Inflow Momentum Since…
The world of crypto never sleeps, and $KIWI coin has recently entered the spotlight as one of the fastest-growing meme coins on the Solana blockchain. With viral momentum and a rising market cap, many investors are now asking: Is $KIWI the next big thing in meme coin investing? KIWI CHART ANALYSIS KIWI Coin Price and Market Performance As of late July 2025, $KIWI has surpassed a market cap of $85 million, with more than 20,000 holders across Solana-based wallets. Trading volume has consistently stayed above $15 million daily, placing it among the top meme coins by volume on decentralized exchanges…
Bitcoin’s price action is causing fresh anxiety across the crypto market, as the leading asset hovers near the lower boundary of its established trading range. Following a sharp dip that swept local liquidity, traders are questioning whether BTC’s recent move is a liquidity grab or the start of a deeper breakdown. Whale Dump: Galaxy Digital Sells Over $3.5 Billion in BTC In a major shift, Galaxy Digital has reportedly transferred and sold nearly 30,000 BTC — worth $3.5 billion — directly to exchanges this week, shaking short-term market confidence. Earlier, the firm offloaded 12,850 BTC valued at $1.5 billion, triggering…
Tron (TRX) had a strong second quarter of 2025, solidifying its position as the dominant network for USDT, the world’s largest stablecoin. A new report from Messari reveals that more than 50% of all Tether (USDT) in circulation is now issued on the Tron blockchain, a milestone that highlights the network’s efficiency and adoption in the stablecoin economy. TRX Market Cap and Revenue Post Strong Quarterly Growth Tron’s native token, TRX, saw its circulating market capitalization rise by 17% to $26.5 billion in Q2, while the network’s quarterly revenue surged 20.5%, climbing from $760.2 million to $915.9 million. TRX’s total…
Gemini co-founder Tyler Winklevoss has accused JPMorgan Chase of pausing the crypto exchange’s onboarding process after he publicly criticized the bank’s new data policy, calling the move “anti-competitive” and harmful to fintech innovation. Criticism Over JPMorgan’s Data Access Fees Sparks Fallout Winklevoss claims his recent comments on X, where he blasted JPMorgan’s decision to charge fintechs for customer bank data access, directly triggered the bank’s decision to suspend Gemini’s onboarding. The fees could “bankrupt fintechs”, he warned — particularly those enabling crypto payments. “My tweet struck a nerve,” Winklevoss said. “This week, JPMorgan told us they’re pausing onboarding Gemini because…
Hedera’s native token, HBAR, recorded a strong 12% daily gain, becoming the top-performing cryptocurrency among the top 20 by market value on Saturday. The rally came shortly after Robinhood added HBAR to its crypto trading platform, opening the door for greater retail access across the U.S. Robinhood Listing Sparks Surge in Volume and Interest HBAR surged to $0.2657 on July 26, after news broke on Friday that it had been listed on Robinhood, one of the most widely used investment apps in the U.S. The listing triggered a sharp increase in trading volume, with over 713 million tokens exchanged in…
Ethereum (ETH) has seen an impressive 51% gain over the past 30 days, climbing to around $3,750, but recent on-chain data suggests a possible short-term correction. While fundamentals appear strong, “extreme euphoria” on social media could signal that the market is becoming overheated. Ethereum Social Metrics Raise Red Flags According to blockchain data analytics, Ethereum’s social dominance — the percentage of ETH mentions in crypto-related discussions — has surged to unusually high levels. Historically, such spikes have preceded local tops in the market. When a cryptocurrency captures the majority of public attention, it often indicates overvaluation and the potential for…